With a market cap of $20.9 billion, Amcor plc (AMCR) is a global leader in consumer packaging and dispensing solutions, serving the nutrition, health, beauty and wellness sectors with flexible and rigid packaging, cartons and closures. With operations spanning more than 400 locations across over 40 countries, Amcor combines packaging innovation and sustainability expertise to deliver functional and more sustainable solutions for customers and consumers.
Shares of the Zurich, Switzerland-based company have underperformed the broader market over the past 52 weeks. AMCR stock has decreased nearly 6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 17.2%. Moreover, shares of the company have risen 7.4% on a YTD basis, compared to SPX's 8.9% return.
